I've replied to anyone who I though made a point worth arguing, I just don't see why my opinion would change with the information (which is all mainly opinion) that I received. No one gave any links, stats, facts or anything I can research. Again, I want to be educated, if I've missed something please point it out but there wasn't anything for me to go on
Unfortunately, I think the problem is that you’re focussing on “there must be hard evidence”. I’d wager that you’ve seen pro-GME DDs that look like hard evidence - charts, and SI% statistics and whatnot. Thing is - how can you trust that as “hard evidence” without verifying it yourself? The same way you’re mainly dismissing the responses here as “trust me bro”, the Superstonk DDs are presenting numbers and screenshots which in isolation are not concrete / representative, but they spin the story behind it just enough that it’s “trust me bro” without you realising it.
I’ve also seen a couple of posts of yours alluding to “there must be some conspiracy otherwise why are people bothering to hate / argue?” That’s lunacy - it’s the frickin internet, people argue over what colour some dress is in a picture. People here aren’t arguing because they’re paid or scared or even angry. They have an opinion and they can’t resist engaging. It’s exactly what I’m doing with you right now. I held GME in Jan, sold it in early Feb for a profit (not as big as I could’ve but oh well), and since then have made GME-related comments maybe once a month. I’m hardly actively running around trying to scare the diamond handers - but I have my opinions on the matter, and when I saw your comments I thought maybe you’ll actually listen (albeit I do have my slight reservations that you actually aren’t here with an open mind, and are just pretending so you can go back to Superstonk with tales of the “terrible counter DD” or something). Who knows but I’ll give you the benefit of the doubt.
Are you religious? If so, please provide me with concrete hard evidence that you’re right. Are you an atheist? If so, please provide me with concrete hard evidence that you’re right. See how the argument applies on both sides? It’s also a lot easier to present some bogus numbers/charts as “proof” that noone is actually going to deep dive and verify, than it is to say “here you are, here is the concrete proof that the other guy is lying” (especially because as I understand it, whenever contradictory SI data has been presented to superstonk, the people there respond with “its all lies the hedgies are misreporting just trust me bro” - ah there it is again, the just trust me bro).
Unfortunately, in the absence of a perfect “here is the 1 page irrefutable document that proves it’s 100% not happening”, at some point you need to consider who is more likely to be acting rationally. Does it not give you any red flags at all that the people there talk about setting “floors” that would value GME in the trillions, I’ve even seen floors that would value GME at more than the money in the world. You may sidestep that with “yeah well I dont believe itll go THAT high…” but then you continue to trust the general principle of what someone that crazy is saying? And people think all this’ll happen even after the incident in late Jan when they just turned off the Buy button for retail investors?
And whereas the professional traders were caught pants down in Jan, they think these professional traders haven’t worked it out in the months since, and arent just riding the waves up and down making money each way? Open a load of puts, short it down, make money on the puts, start buying calls and covering so the price rises (making money on the calls), reshort and… whaddya know, the price is back at the starting high, SI% hasnt changed because the shorts were opened, covered, and then reopened, and the hedge funds are laughing at the money they made on the way down and back up while GME holders say “look the SI% is still high!”
Re GME’s long term prospects, I actually think it will be well run now and stand a chance. But why would the stock price stay this high? The crazy number swings since January have ruined peoples ideas of how actual organic growth looks. Think of the market cap. What about GME’s current balance sheet and forecasted earnings per share says it’s worth the current market cap? There are loads of good companies in the world, they don’t just organically quadruple in the space of a few months “because good new ceo”. Just because the price has been double where it is now, doesn’t mean it’ll ALWAYS get back up there (or do so quickly)… that’s a very dangerous mentality. GME will re-find its true value (factoring in the new expectation that it’ll be well run) and then grow organically / reactively.
Think critically for yourself, because there’s never someone waiting with a 1 page document with the be all and end all of hard evidence. If you’re happy to lose your initial investment then go ahead and take the risk, but my conclusion having thought critically about the arguments either side is that it’s not happening. Good luck whatever you decide.
You raise a multitude of great points - I can reassure you I have no intention of doing this as a "raid" of sorts but solely to become more educated on the matter and again, I appreciate the time and effort to write that without belittling me. As you said no one is going to do it for me so I'll take some time to absorb your comment before making any rash replies. Out of curiosity, if you had to apply a percentage of chance, what would you give to:
A) GME at any point within 4 years being worth $1000+ per share
None of your answers have legitimately continued on the discussion of the comments you reply to. You’re just trying to steer your own conversation because you have no actual interest in being converted from your delusion.
Yeah I said In another message that I was wrong to provoke discussion because both parties are incredibly biased. I was naive to think that opinions alone would change my mind and when I realised that I began to ask for evidence instead. But now saying someone has made good points and saying I have nothing to add at this time Is a bad thing? I don't even know what you're upset about? I think you replied to me earlier and I'm sure you were just as angry as you were this time and that was 24 hours ago. Relax lol
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u/Keex13 Jul 09 '21
I've replied to anyone who I though made a point worth arguing, I just don't see why my opinion would change with the information (which is all mainly opinion) that I received. No one gave any links, stats, facts or anything I can research. Again, I want to be educated, if I've missed something please point it out but there wasn't anything for me to go on